Liberty
Imagining the end of the federal income tax
Editors at Issues and Insights ponder a potential seismic shift in federal tax policy. The federal income tax is abusive. It is inconsistent with liberty. It has, as Chief Justice…
Tax preparation in the United States
Budget, Taxation & Economy
New Carolina Journal Online features
Don Carrington reports for Carolina Journal Online on a tax preparer who is helping to expose tax refund fraud. Dan Way’s Daily Journal highlights massive changes in the news media…
Liberty
If You’re Of Modest Income And Still Help Others, You’re Likely To Get Audited?
USA Today’s story on IRS tactics for audits contains an amazing statement from an executive of TurboTax. How do you get high score? The IRS won’t say, but veteran tax…
Liberty
Growing Capacity
Asheville City Council will be asked to provide office space, volunteers, travel compensation, and supplies for VITA. I’m not sure what tipped me off. I think it was a mere…
Liberty
Stop The Special Tax Exemptions
Sen. Marco Rubio (R-FL) wants Olympic medal income to be exempt from tax. That idea may tug at emotion and tap into national pride, but it is poor tax policy.…
Liberty
Apparently It’s Who You Know That Counts At The Justice Department
Well, well, well. The Justice Department’s inspector general said Thursday that eight high-ranking employees in the department’s management division improperly promoted the hiring of relatives for summer or full-time work…
Liberty
New GSA Spending Scandal: Quarter Of A Million Spent On Awards Ceremony
First the General Services Administration spent $823,000 on the infamous Vegas conference that featured mimes, clowns, and executives lounging in the spa — on the taxpayer dime. Now the GSA…
Budget, Taxation & Economy
The federal tax system is too complicated I
The inimitable Joel Stein shares with Bloomberg Businessweek readers his quest to navigate the perplexing minefield of annual income tax preparation. Though I’ve tried many times, I have never read…
Liberty
Just Coincidence?
Yes, I know, these two pieces of data are separate and distinct. But it is fascinating that the numbers are so close. First, 45 percent of U.S. households will pay…
Liberty
Meeting with the tax man
I’m meeting with my tax man this morning. I couldn’t find the obvious Beatles video, but I think this one’s appropriate.